‘Appalling’ Delay by Arbitral Tribunal in Deciding 2019 Dispute Despite ₹14.5 Crore Fee: Rajasthan High Court
A major legal dispute came before the Rajasthan High Court involving three state electricity companies and HCL Infosystems Limited. The case arose from contracts awarded in 2009 under the Restructured Accelerated Power Development and Reforms Programme, where HCL Infosystems Limited was engaged for power sector works. Disputes later emerged, leading to arbitration proceedings initiated in 2019. Start of arbitration and rising concerns The arbitration proceedings formally began in 2020 before…